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The Ministry of Industry and Information Technology of the People's Republic of China issued the "Management Rules for Commercial Vehicle Production Enterprises and Product Access Regulations" on the previous day to solicit public opinions, stipulating that the total amount of investment projects for new commercial vehicle manufacturing enterprises shall not be less than 2 billion yuan, including self-owned capital of no less than 800 million yuan, investment in production facilities and equipment. Not less than 800 million. Make China's commercial vehicle project investment will also face the same access system as the car project.
With the rapid development of China's auto industry, driven by high interests, domestic capital has entered the auto industry one after another, and investment has obviously shown signs of overheating. Due to the high threshold of investment by the relevant national authorities for new car projects, and the difficulty of entering new projects, many companies have turned their attention to the commercial vehicle market in order to take the opportunity to transform and produce cars. The relevant state departments have already grasped this phenomenon, and proposed new access rules for this purpose, aiming at promoting the structural adjustment and optimization of the automobile industry and promoting the technological progress of the enterprise. â€
It is understood that China’s commercial vehicle companies account for 49% of global production based on production, but most of them are low-end products according to international standards. Many companies that produce agricultural vehicles have started to produce light trucks and light passenger vehicles. The domestic commercial vehicle market has become saturated with respect to the passenger vehicle market. This time, companies with limited capacity and oversupply of products have strictly controlled new production capacity, and added Large-scale access restrictions, adjusting the current status of structural overcapacity.
However, there are also industry sources, the current commercial vehicle market structure has been basically stable, the main domestic commercial vehicle companies include Dongfeng, FAW, China National Heavy Duty Truck, Foton Motor and so on. In the long run, several large commercial vehicle companies will occupy most of the market share, so the impact of the new regulations on the industry's development direction is limited.
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Experts claim that the Ministry of Industry and Information Technology stipulates that investment in newly-built commercial vehicles should not be less than 2 billion.